foreign currency assets

India forex reserves rise for seventh week to reach fresh peak

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[ NEW DELHI: India’s foreign exchange reserves rose for the seventh straight week to hit a fresh all-time high of USD 648.562 billion in the week ending on April 5, as per the latest data released by the Reserve Bank of India (RBI).The foreign exchange kitty was at USD 645.583 billion prior to the week … Read more

Forex reserves surge to $636.095 billion

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[ NEW DELHI: Foreign exchange reserves surged by $10.470 billion to reach $636.095 billion by the end of the week ending on March 8, according to the latest data released by the Reserve Bank of India (RBI). This marks the third consecutive week of growth to hit a two-year high.. The data prior to the … Read more